You Might be a Champion Trader but You'll Never Know! 🤔

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Experiment with your Trading! You might be a champion trader but you'll never know. What do I mean by that? Most traders who get into trading end up losing money when starting out. A number get bored of losing money and just give up. Others delve a little deeper and start understanding what they're doing but they still end up blowing their account. There are things that affect your profitability as a trader but you'll never know them until you experience them or until you'll in the game long enough to recognise what your strengths and weaknesses are. Imagine the different variables out there... If you just stick to a certain market category like forex for instance, you will never know whether you are better suited to trade other markets. Think and trade like a champion! OK.
Trading Like a Pro Series:
Trading Like a Pro 1: Habits and Patterns Of Losing Traders
• Trading Like a Pro 1: ...
Trading Like a Pro 2: Habits And Patterns Of Winning Traders
• Trading Like a Pro 2: ...
Trading Like a Pro 3: Mindset of Winners: Confidence, Work and Character
• Trading Like a Pro 3: ...
Trading Like a Pro 4: How Winning Traders Self-Assess
• Trading Like a Pro 4: ...
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[@ukspreadbetting]

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[@erfho8y]

One thing is for sure, you are a champion video maker Mark. Many thanks, great video again!

[@jakubvalenta5403]

This is truth, almost everyone who starts trading, goes automatically trade currencies and they also day trade them first on short time frames. I almost want to believe, that this is exactly what brokers want.

[@marketsqueezer]

I completely agree. I didn't know I am a good scalper, but now I know :-) Start with a small account after using a simulator and then grow up the account by your PnL.

[@ashleylemmer8016]

I've always said there must be a million ways to trade.

[@pn4640]

These are very educational videos but I have not seen any of late

[@Sergio12.01]

A Champion Trader. I never heard that before but sounds awesome.

[@daveythehand4964]

Great analogy.

[@alanpage3198]

I found my edge with Gold/USD during NYS while living in Manila. I've been trading gold alone for almost 2 yrs now..

[@daeth4us]

Thanks for this. I’m paper trading crypto. Will try other stuff

[@ricky8051Tay]

Great video as usual, I’m still currently learning. The main thing I’m struggling with is taking all things I’ve learnt e.g moving averages, rsi, support and resistance etc and putting them into a strategic plan that works for me. It’s hard to know where to begin. Any suggestions or is this just a case of trial and error?

[@ukspreadbetting]

I'm forwarding your comments to Mark - he may address your issues in a video in future.

[@ricky8051Tay]

UKspreadbetting that’s great thank you 🙏

[@aditironci1944]

well if someone lose money,,they just make wrong decisions when they enter on a trade.

[@Blvkkise]

Right, like who just makes wrong decisions when it comes to trading smh.. amateurs

[@erfho8y]

Or they just do not have en edge...

[@crustybastard8256]

Great video!! Thanks!! I’ve learned a lot from you!!

[@jonathangant251]

I agree . I going into FX from otc stocks .

[@meghanworkman6449]

Great advice. I'm still paper trading and learning, and I tried for too long to fit my square peg into the round hole of day trading. I find that for myself, swing trading on the daily time frame is a much better fit for my lifestyle, personality, and unexpected things that pop up for me during the day (I have one kid still at home and I help out my elderly parents, too). It's important to realize that, just because you weren't successful with one time frame or one market, doesn't mean you won't be successful with others.

[@marc-antoinecloutier363]

Tell them the true. Fixed Income VS FX VS Commodities VS Equities using a Risk Sentiment approach, Market correlations Game theory is the key of trading. Also people should have a daily Limit every day. Cheers, great content

[@darthrosh5223]

Hi Mark. looking for some advise... When im scaling out a multi week swing position, should i start to close my largest winners first or the latest entry position first and keep the big winners running?

[@ukspreadbetting]

Hi Darth, I would try to keep the winners running, assuming they aren't hitting a trade target already. If you've done the hard work and have caught a nice trend, try and stick with it. Cut trades not working. - Mark